Monday, May 10, 2010
Does a single-premium life insurance policy make sense as an investment?
Question: I am a 74-year-old married woman, thinking about taking out a single-premium $100,000 universal life insurance policy. My husband and I do not need this money to supplement our income, but CDs are paying such low interest rates. Do you have any advice about this idea?
BND: Does a single-premium life insurance policy make sense as an investment?
BND: Does a single-premium life insurance policy make sense as an investment?